Fennee, Chong and Liew, Venus Khim-Sen and Rosita, Suhaimi (2016) Does research and development expenditure cointegrate with the gross national income of ASEAN countries? International Journal of Economic Research, 13 (3). pp. 1231-1237. ISSN 09729380
![[img]](http://ir.unimas.my/style/images/fileicons/text.png) |
PDF
Does research - Copy.pdf Download (187kB) |
Abstract
In order to successfully transform into a knowledge economy and eradicate poverty, many ASEAN countries have allocated a considerable amount of their yearly expenditures in research and development over the last decade. The objective of this paper is to examine the long-run relationship between research and development expenditure and gross national income of five major ASEAN countries - Thailand, Malaysia, Singapore, Indonesia and Philippines. The results of a cross-country panel data analysis performed in this study suggest that there is a long-run cointegration relationship between these two variables. Findings imply that higher research and development expenditure has a favorable impact on the long-run prosperity of these countries.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | Gross national income, Research and development expenditure, unimas, university, universiti, Borneo, Malaysia, Sarawak, Kuching, Samarahan, ipta, education, research, Universiti Malaysia Sarawak |
| Subjects: | H Social Sciences > HG Finance |
| Divisions: | Academic Faculties, Institutes and Centres > Faculty of Economics and Business Faculties, Institutes, Centres > Faculty of Economics and Business |
| Depositing User: | Ibrahim |
| Date Deposited: | 07 Dec 2016 06:22 |
| Last Modified: | 25 May 2022 03:11 |
| URI: | http://ir.unimas.my/id/eprint/14471 |
Actions (For repository members only: login required)
 |
View Item |
